Invitation to SCA’s Q1 2024 press conference April 26, 2024, 10:00 CET
The press conference, which will be held in connection with the publication of SCA's report for the first quarter 2024, can be followed on-site, via webcast or telephone.
The press conference, which will be held in connection with the publication of SCA's report for the first quarter 2024, can be followed on-site, via webcast or telephone.
The Annual General Meeting of SCA was held on March 22, 2024 at Clarion Hotel in Sundsvall.
SCA publishes its annual report for the year 2023 today.
SCA increases the prices on white and brown kraftliner in Europe by €80 per tonne. The new price is valid from April 1, 2024
Notice is given to the shareholders of Svenska Cellulosa Aktiebolaget SCA (“SCA”), Reg. No. 556012-6293,of the Annual General Meeting of shareholders to be held on Friday, March 22, 2024, at 1.00 p.m. in Sundsvall at Clarion Hotel Sundsvall (registration from 11.30 a.m.)
January–December 2023 compared with January–December 2022
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
The press conference, which will be held in connection with the publication of SCA's report for the fourth quarter 2023, can be followed via webcast or telephone.
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
January–September 2023 compared with January–September 2022
SCA is increasing its degree of self-sufficiency in electricity for its own industry by acquiring Fasikan Vind AB, a wind power project located on SCA's land in the Bräcke municipality of Jämtland County. The seller is Arise AB.
The Nomination Committee of SCA proposes that Helena Stjernholm be elected as chairman and member of the SCA board at the annual general meeting on March 22, 2024. SCA's current chairman, Pär Boman, as previously communicated, has declined re-election.
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe. The new price will be 1,200 USD, effective as from now.
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2023, will be available via webcast or by phone.
On October 28, 2022, SCA and Holmen communicated that the companies intended to carry out a feasibility study for a jointly owned sawmill in Rundvik, Västerbotten County in Sweden.
Pär Boman declines re-election as the chairman of the board for Svenska Cellulosa Aktiebolaget (SCA). Boman remains the board’s chairman until the annual general meeting on March 22, 2024.
SCA and Persson Invest began their collaboration around Gällö Timber and the sawmill in Gällö, Jämtland in 2010. Since 2010, significant investments have been made in the sawmill to develop its operations and strengthen its competitiveness. Today, the sawmill has 115 employees and a capacity of 370,000 cubic meters of sawn timber.
January–June 2023 compared with January–June 2022
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 7, 2023 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
The press conference, which will be held in connection with the publication of SCA's report for the second quarter 2023, can be followed via webcast or telephone.
Kristina Enander, President of SCA’s Pulp business area, will assume the role of Senior Vice President Strategic Development on May 1, 2023. In addition to overall responsibility for driving SCA's strategic development, the role also includes responsibility for research and development, the Group's technical department, and the Group's IT operations. Enander has worked at SCA since 1993.
January–March 2023 compared with January–March 2022 · Net sales amounted to SEK 4,813m (5,015). The decrease was mainly related to lower selling prices for solid-wood products and containerboard. · EBITDA declined 21% to SEK 2,055m (2,608). The change was mainly attributable to lower selling prices. Growth in renewable energy and strong earnings in forest operations, primarily based on a high degree of self-sufficiency in wood raw material, had a positive impact on earnings. EBITDA margin was 42.7% (52.0). · Operating profit amounted to SEK 1,596m (2,223). · Operating cash flow increased to SEK 1,203m (1,143) and continued to finance ongoing strategic capital expenditures. · Earnings per share was SEK 1.74 (2.45). January–March 2023 compared with October–December 2022 · Net sales amounted to SEK 4,813m (4,873). The change was mainly attributable to lower selling prices for pulp and containerboard, which were offset by higher delivery volumes. · Higher delivery volumes and growth in renewable energy had a positive earnings effect. EBITDA increased 4% to SEK 2,055m (1,981). Good control over SCA’s own value chain with a high degree of self-sufficiency in wood, energy and logistics yielded a controlled cost development. EBITDA margin increased to 42.7% (40.6).
The Annual General Meeting of SCA was held on March 30, 2023 at Clarion Hotel in Sundsvall.
The press conference, which will be held in connection with the publication of SCA's report for the first quarter 2023, can be followed via webcast or telephone.
SCA is publishing its annual and sustainability report for 2022 today. The report sets out how, as Europe's largest private forest owner with the forest as the core of its business, SCA creates stable and profitable value growth over time. The report also covers SCA's high degree of self-sufficiency and investment programme in northern Sweden and the Baltics.
Notice is given to the Shareholders of Svenska Cellulosa Aktiebolaget SCA (”SCA”), Reg. No. 556012-6293,of the Annual General Meeting of Shareholders to be held on Thursday, March 30, 2023, at 1.00 p.m. in Sundsvall at Clarion Hotel Sundsvall (registration from 11.30 a.m.)
January–December 2022 compared with January–December 2021
The press conference, which will be held in connection with the publication of SCA's report for the fourth quarter 2022, can be followed via webcast or telephone.
SCA has acquired its first wind farm with the purchase of 36 wind turbines in Markbygden in Piteå municipality, northern Sweden. The acquisition is in line with the company’s previously stated goal of becoming one of the Sweden’s leading providers of fossil-free electricity generated by wind power. Twenty per cent of Sweden's installed wind power capacity is currently located on land owned by SCA.
SCA hereby invites you to a virtual Capital Markets Day for investors, analysts and media on November 25, 2022 at 13.00 CET.
SCA and Holmen have today agreed to conduct a feasibility study regarding a potential new jointly owned sawmill in Rundvik, Nordmaling municipality in Västerbotten. A new sawmill in Norrland with high production capacity would increase the value of forest assets in the long term.
SCA will introduce a new reporting segment – Renewable Energy – from January 1, 2023. The decision is in line with SCA’s stated ambition to grow and realise business opportunities in the renewable energy sector.
January–September 2022 compared with January–September 2021 · Net sales increased 13% to SEK 15,921m (14,059), which was mainly related to higher selling prices in all product areas. · EBITDA increased 30% to SEK 8,213m (6,303). The increase was mainly attributable to higher selling prices in all product areas. Cost increases were largely offset through good control over SCA’s own value chain with a high degree of self-sufficiency in wood and energy. EBITDA margin increased to 51.6% (44.8). · Operating profit increased to SEK 7,052m (5,226). · Operating cash flow increased to SEK 4,958m (3,453) and fully financed ongoing strategic investments. · Earnings per share was SEK 7.85 (5.68)
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2022, will be available via webcast or by phone.
January–June 2022 compared with January–June 2021 Net sales amounted to SEK 10,914m (8,982). The increase was mainly attributable to high demand for SCA’s products, higher selling prices and increased sales to core markets. Through its own logistics company, SCA has a unique control over logistics from the forest to the customer, which has benefited delivery reliability in a turbulent period.
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a Medium Term Note program (MTN) with a loan framework amounting to SEK 8 billion. Up to and including July 15, 2022 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
The press conference, held in connection with the publication of SCA’s interim report for the second quarter of 2022, will be available via webcast or by phone.
Press release
The 2022 Annual General Meeting of SCA was held on March 31, 2022. In order to reduce the risk of spreading covid-19, the Meeting was held by postal voting, in accordance with temporary legislation.
The press conference, held in connection with the publication of SCA’s interim report for the first quarter of 2022, will be available via webcast or by phone.
SCA increases the prices on white and brown kraftliner in Europe by €100 per tonne. The new price is valid from April 1, 2022.
SCA today publishes its annual and sustainability report for 2021. In the report, SCA describes the company's work to contribute to a fossil-free society. SCA's climate benefit in 2021 amounted to 10.5 million tonnes of carbon dioxide based on the forest's net carbon sequestration, substitution effect and reduced fossil emissions.
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
Notice is given to the Shareholders of Svenska Cellulosa Aktiebolaget SCA (”SCA”), reg. no. 556012-6293, of the Annual General Meeting of Shareholders to be held on Thursday, March 31, 2022
SCA has appointed Andreas Ewertz as its new CFO. Ewertz has worked at SCA since 2017, where he has been responsible for investor relations and served as head of business control for business areas Publication Paper and Pulp, respectively.
Sofia Haga has been appointed General Counsel of SCA effective August 8, 2022. Haga will be a member of SCA’s Executive Management Team. She succeeds acting General Counsel Jan Svedjebrant.
January–December 2021 compared with January–December 2020 Net sales amounted to SEK 18,822m (18,410). The discontinuation of the publication paper operations in the first quarter of 2021 (see page 5) and the divestment of Wood Supply UK in the fourth quarter of 2020 (see page 7) had a negative impact on sales.
SCA’s Christmas gift to the company’s employees in 2021 was a donation of 1.5 MSEK to four recipients.
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2021, will be available via webcast or by phone.
SCA will increase the price on NBSK pulp (Northern Bleached Softwood Kraft) in Europe by 40 USD per tonne from January 2022. The new price will be 1,300 USD.
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from December 1, 2021.
January-September 2021 compared with January-September 2020 Net sales amounted to SEK 14,059m (13,818). The increase was primarily attributable to higher selling prices in all product areas. The discontinued publication paper operations (see page 5) and the divestment of Wood Supply UK (see page 7) had a negative impact on sales.
Jan Svedjebrant has been appointed acting General Counsel of SCA effective December 1, 2021
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2021, will be available via webcast or by phone.
Joint press release from SCA and St1 SCA and St1 have entered a joint venture to produce and sell liquid biofuels. SCA will supply tall oil to the joint venture and will invest approximately SEK 0.6 billion in the company. SCA and St1 will be equal shareholders of the joint venture, which will itself have a 50% share in the St1 Gothenburg Biorefinery, which is now making an investment in a biorefinery with total capacity of 200,000 tonnes of liquid biofuels, estimated to a total investment cost of SEK 2.5 billion. The new biorefinery will be operational in Q2 2023.
SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from October 1, 2021.
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
January-June 2021 compared with January-June 2020
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from August, 1, 2021.
The press conference, held in connection with the publication of SCA’s interim report for the second quarter of 2021, will be available via webcast or by phone.
On June 14, Svenska Cellulosa Aktiebolaget SCA (publ) (”SCA”) issued green bonds totalling SEK 1.5 billion under its MTN-Programme and the recently established Green Bond Framework.
SCA invests SEK 50m to reduce environmental impact from its Härnösand pellet mill and to reduce discomforts for neighbours. The investments comprise among other items a wet electrical filter. The whole project will be operational by the summer 2022.
Svenska Cellulosa Aktiebolaget SCA (publ) on May 8, 2018 established a so-called Medium Term Note program (MTN) with a framework loan amount of SEK 8 billion.
SCA decided in September 2020 to discontinue its publication paper operations in line with the communicated strategy for profitable growth. During the quarter, SCA closed the three remaining publication paper machines at the Ortviken site. Measures continue to be taken to avoid the spread of Covid-19. The pandemic has not had any significant effects on production.
According to SCA’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from June 1, 2021.
The Annual General Meeting of SCA was held today, April 15, 2021. In order to reduce the risk of spreading covid-19, the Meeting was held by postal voting, in accordance with temporary legislation.
Christian Kugge of the SCA R&D Centre is to receive the Competence Development Award for 2021 from the Gunnar Sundblad Research Foundation. He is being awarded the prize for his ambition to enhance the efficiency of the process to convert lignin from the forest into high added-value chemicals.
In February 2021, the Land and Environmental Court in Östersund upheld an appeal from the Skydda Skogen (Protect the Forest) association regarding a number of harvesting notifications on SCA land in Jämtland and Härjedalen. The Court also found in favor of a harvesting ban at the harvesting sites in question. SCA is now appealing this ruling to the Supreme Land and Environmental Court.
The press conference, held in connection with the publication of SCA’s interim report for the first quarter of 2021, will be available via webcast or by phone.
SCA has today published the company’s Annual Report for the year 2020. The report presents for the first time long-term targets for the company’s sustainability performance. SCA also presents its program for preserving the biodiversity in the company’s forests.
Shareholders of Svenska Cellulosa Aktiebolaget SCA (“SCA”), Reg. No. 556012-6293, are hereby invited to the Annual General Meeting (AGM) to be held on Thursday, April 15, 2021.
Thursday February 25, at 7.07 am, SCA closed permanently paper machine LWC4 at Ortviken paper mill. With this, SCA’s all production of publication paper has come to an end.
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.
In night of February 4, SCA permanently closed the paper machine LWC1 at Ortviken paper mill.
OCTOBER 1 – DECEMBER 31, 2020
Wednesday January 20, 2021, the last roll of paper was produced on SCA’s paper machine 5 at Ortviken paper mill in Sundsvall.
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2020, will be available via webcast or by phone.
SCA’s Christmas gift to the company’s employees in 2020 was a donation of SEK 1.5 MSEK to three recipients. Cancer Research Foundation Northern Sweden received the largest donation.
SCA will increase the price of White and Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from February 1, 2021.
The press conference, held in connection with the publication of SCA’s interim report for the fourth quarter of 2020, will be available via webcast or by phone.
SCA increases the price on bleached softwood kraft pulp, NBSK, to $ 960 per tonne.
SCA is changing the name of its business area Paper to business area Containerboard as of January 1, 2021. Following the discontinuation of its publication paper operations during the first quarter, SCA’s paper production will consist solely of packaging paper, a product with a stable and growing demand.
Sustainability is integrated in every part of SCA’s operations. In order to make long term priorities and to ensure sustainable development, SCA has established corporate objectives to be met by 2030.
SCA Wood Supply UK Ltd, which is engaged in the manufacture and distribution of timber and associated products for the Home Improvement and Builders Merchant sector in the United Kingdom, has today been divested to BSW Timber Ltd. SCA will keep its organization for the sales of wood products to industrial customers in the UK.
Hans Djurberg has been appointed SCA’s new Sustainability Director. He will be responsible for the corporate sustainability agenda in parallel to his assignment as Sustainability Manager in business area Forest. Hans will take on his new position as of November 1 2020.
The publication paper market has been structurally declining for a long time and SCA decided in September to discontinue publication paper operations at the Ortviken industrial site. The production will be phased out during the first quarter of 2021. The discontinuation resulted in one-off items with a negative effect on EBITDA of SEK -1,120m.
SCA and the textile recycling company Renewcell have signed an agreement for Renewcell to establish textile recycling at SCA’s industrial site Ortviken in Sundsvall. The operation is expected to create one hundred new jobs.
SCA will increase the price of Brown Kraftliner by €50 per tonne. The new price is valid for deliveries from November 1, 2020.
The press conference, held in connection with the publication of SCA’s interim report for the third quarter of 2020, will also be available via webcast or by phone.
On Wednesday September 16, 2020, Svenska Cellulosa Aktiebolaget SCA (publ) issued new bonds under the companys’ Medium Term Note programme (MTN).
SCA has signed an agreement to acquire forest land in Latvia. The acquisition comprises an area of 19,150 hectares, of which 13,100 is forest land. The purchase price is EUR 44.5m, approximately SEK 450m.
Renewcell wants to recycle textiles in Ortviken industrial area
Today, SCA decided to discontinue the production of publication paper and to invest SEK 1,45bn in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken industrial site in Sundsvall. The decision has been preceded by consultations with employee representatives.
SCA increases the price on bleached softwood kraft pulp, NBSK, by $ 40 per tonne.
The Board of Directors of SCA has considered whether to propose an extraordinary general meeting to be held later in 2020 to resolve on dividend distribution. The Board of Directors has resolved that it will not render any such proposal during the remainder of 2020.
SCA intends to invest SEK 1,45bn in the production of chemically pre-treated thermo-mechanical pulp (CTMP) at the Ortviken paper mill in Sundsvall. In parallel, SCA is initiating consultations with trade unions and employee representatives to discontinue the production of publication paper at the mill.
SCA has appointed Anders Edholm as new Senior Vice President Communications and member of SCA’s Executive Management Team. Anders is succeeding Björn Lyngfelt, who will retire.